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New Naira: Why We Had N258m In Our Abuja Vault – Sterling Bank

New Naira: Why We Had N258m In Our Abuja Vault – Sterling Bank   Sterling Bank has faulted claims by the Independent Corrupt Practices and other related Offences Commission (ICPC) over the newly designed naira notes stashed in its Central Business District (CBD) complex in Abuja. The...

New Naira: MACBAN Warns CBN over Plights of Herders, Farmers who have no Bank Accounts

New Naira: MACBAN Warns CBN over Plights of Herders, Farmers who have no Bank Accounts   The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), the umbrella body of Nigerian pastoralists has called on the Central Bank of Nigeria (CBN) to extend the deadline for the...

EXCLUSIVE: Amidst New Naira Note Chaos, e-Naira Onboarding Reaches 3m

EXCLUSIVE: Amidst New Naira Note Chaos, e-Naira Onboarding Reaches 3m   Nigerians captured on the Central Bank of Nigeria (CBN)'s e-Naira platform have increased to three million from the previous figure of just over one million. In the wake of series of policies like naira redesign and...

We have Recovered N1.7trn of Old Naira Notes – Emefiele

We have Recovered N1.7trn of Old Naira Notes - Emefiele   The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says N1.7 trillion worth of naira notes have been returned to banks so far,with N500 billion more to go. The bank on Sunday extended the deadline...

CBN Extends Deadline for Old Naira Notes to Feb 10, Emefiele Gives Reasons

CBN Extends Deadline for Old Naira Notes to Feb 10, Emefiele Gives Reasons   The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days. In a press statement issued on Sunday, Godwin Emefiele, the CBN governor, said...

Naira Notes: NBA, Finance Minister Caution CBN on Deadline, Hardship

Naira Notes: NBA, Finance Minister Caution CBN on Deadline, Hardship In reaction to the demonetisation policy of the Central Bank of Nigeria (CBN) which directs that the old naira notes (N100, N200, N500 and N1000) will cease to be legal tender in Nigeria from February,...